Business
Redfin Reports Over Half of Home Listings Have Been Lingering on the Market for More Than 2 Months
SEATTLE, March 30, 2026--More than half (52.2%) of February’s home listings were on the market for at least 60 days without going under contract (i.e. they were stale) nationwide, up from 50.1% a year earlier and the highest share since 2019. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.
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[{"type":"list","items":[{"val":[{"type":"text","content":"In dollar terms, there’s $347 billion worth of stale listings in the U.S., more than ever before for this time of year.","length":119,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Stale inventory is most common in Florida and least common in the Bay Area.","length":75,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Through Redfin’s new partnership with Compass, sellers can work to avoid stale listings by testing the market, which could reduce the risk of homes lingering on the market.","length":172,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":366,"olType":false},{"type":"text","content":"SEATTLE, March 30, 2026--(BUSINESS WIRE)--More than half (52.2%) of February’s home listings were on the market for at least 60 days without going under contract (i.e. they were stale) nationwide, up from 50.1% a year earlier and the highest share since 2019. That’s according to a new report from Redfin, the real estate brokerage powered by Rocket.","length":350,"tagName":"p"},{"type":"text","content":"This is based on an analysis of listings on Redfin.com going back through 2012. The data is seasonal, which is why this February is compared to past Februarys.","length":159,"tagName":"p"},{"type":"text","content":"In dollar terms, there’s a total of $347 billion worth of stale inventory on the market nationwide—up 4.3% annually and the highest dollar amount on record for this time of year. That’s because there are hundreds of thousands more home sellers than buyers, leading to homes sitting on the market.","length":296,"tagName":"p"},{"type":"text","content":"Zooming out to all inventory, there’s a total of $636 billion worth of homes for sale, essentially unchanged from a year earlier. Like stale inventory, that’s the highest dollar amount on record for this time of year (except 2025, when it was 0.01% higher).","length":257,"tagName":"p"},{"type":"text","content":"The total value of stale inventory—and all inventory—is higher than ever for this time of year because there are a record 630,000 more home sellers than buyers in the market, lengthening the amount of time it takes to sell a home. Here are more details:","length":253,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Homebuying demand is slow. U.S. home sales fell 3.1%...